400 3rdCorbin, KY 40701

Off market
$400,000 Estimated
  • Retail space
  • 10,400 SF

Property Details for 400 3rd

Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size (Sq ft)
10,400 SF
Zone code
COMMERCIAL
Property type
Retail space
APN
137-41-02-009.00
APU
137410200900

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,622,980
    6.5%
    $2,421,212
    7%
    $2,248,268
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,227,758
    Geo Method
    $2,255,985
  • Alternative Use

    Use
    Valuation
    Residential
    $2,042,383
    Hospitality
    $1,870,812
    Educational
    $1,556,493
    Medical
    $1,610,024
    Retail
    $2,421,212
400 3rd, Corbin, Kentucky

Location Insight

City
Corbin
County
Whitley
State
Kentucky
Latitude
36.9455
Longitude
-84.099
CBSA code
30940
CBSA name
LONDON, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,348
-
-
$400,000
-
-
-
$400,000

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